Asia Pacific real estate investment news and information
ASX-listed construction giant Lendlease and Australia’s largest owner-operator of student housing, Scape, have received final approval for their A$1.7 billion ($1.2 billion) transformation of Queen Victoria Market in central Melbourne.
The mixed-use project, featuring 1,100 beds for university students and… Read More>>
A residential site in Hong Kong’s Quarry Bay area formerly owned by defaulted mainland developer Agile Group Holdings has been put up for sale via tender by the receiver, with the 50,000 square foot plot having been approved for development… Read More>>
ESR posted a net loss of $209 million for the first half of 2024, swinging from a $313.9 million profit a year earlier, but the Hong Kong-listed warehouse builder and fund manager spotlighted its rapidly expanding data centre platform as… Read More>>
A joint venture of Canada’s Manulife Investment Management and Tokyo-based Kenedix has acquired a nine-asset multi-family portfolio in Japan for JPY 23 billion ($160 million).
Located in the Greater Tokyo and Osaka areas, the properties have an average age of… Read More>>
Japan’s Star Asia Investment Corp has agreed to acquire four hotels for a total of JPY 34.6 billion ($240 million), as the Tokyo-listed REIT makes strides towards its goal of amassing JPY 300 billion in assets by 2026.
The assets… Read More>>
Companies controlled by Hong Kong tycoon Lo Yuk-sui have acquired a tenement building in Kowloon’s Cheung Sha Wan area with plans to build 47,307 square feet (4,395 square metres) of new apartments in the redeveloping neighbourhood, despite a home sales… Read More>>
LaSalle Investment Management has acquired a pair of logistics facilities in Greater Seoul for a total of $450 million, as the US firm continues to chalk up deals in South Korea.
The two large, dry-only sheds are located next to… Read More>>
With Mingtiandi’s Singapore Forum just three weeks away, senior executives from PAG, Partners Group, ACRE and PropertyGuru have joined the roster of speakers for Southeast Asia’s biggest real estate investment event of 2024.
The agenda for the 10 September event… Read More>>
Sweden’s EQT has agreed to buy PropertyGuru, the online real estate portal backed by fund managers KKR and TPG, in an all-cash deal valuing the Singapore-based platform at $1.1 billion, according to a Friday announcement.
Private equity firm EQT will… Read More>>
Merlin Bingham Swire, deputy chairman and chief executive of his family’s 208-year old conglomerate John Swire & Sons Ltd, has sold all of his shares in the group’s property development unit Swire Properties and has now cut his holdings in… Read More>>
